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Jun 19, 2013
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most americans still think the economy is in poor shape. the number of people saying the economic conditions are good is 75% up from 26%. this is important because when people feel good about the economy and all of that does contribute to economic growth. on a personal level only 33% saying they are personally better off. 44% say they are financially worse off than they were one year ago which didn't bode well for this recovery. there are still 12 approximamil americans out of work and americans are split. 50% saying economic conditions will be good in the summer of 2014. 49% say they will be bad. >> thanks. hold on. i want to bring in clyde. how do we make ourselves feel better about our own situation? >> we have to be realistic and not listen to the nay sayers. >> that's hard. >> it's coming from every direction. if i've lost my job and my neighbor hasn't, i'm going to feel it a lot different than they have. when you look at the polls a lot of people that say it's better probably still have their job or got new strings of income, addition
most americans still think the economy is in poor shape. the number of people saying the economic conditions are good is 75% up from 26%. this is important because when people feel good about the economy and all of that does contribute to economic growth. on a personal level only 33% saying they are personally better off. 44% say they are financially worse off than they were one year ago which didn't bode well for this recovery. there are still 12 approximamil americans out of work and...
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Jun 17, 2013
06/13
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so the economy does well, you will see a rising rate environment. at 3.5% on a $250,000 home with 20% down, you pay about $898. the same 30-year fixed mortgage will coáu you 954 bucks at 4%. that's $56 more a month or $672 a year. down payment, credit score and d8income determine the rate youl pay. >> borrowers that are getting the best rate are putting 20% to 25% down. they have income that is documentable. so they're providing w-2s and federal tax returns. and they have an excellent r credit score. something over 700 or 720. >> reporter: a quick closing at a time also helps. >> you get your best rate from a lender if you lock in for 30 days. standard to lock in for 60 days. the longer you go out, the more expensive it will be. >> reporter: ask your lender about a float down provision so your rate could be adjusted lower if rates do slip again. if you're still looking for the right house, make sure you're preapproved for a mortgage. and pay down your debt while interest rates on auto loans and credit cards are still low. >> this is a time to take
so the economy does well, you will see a rising rate environment. at 3.5% on a $250,000 home with 20% down, you pay about $898. the same 30-year fixed mortgage will coáu you 954 bucks at 4%. that's $56 more a month or $672 a year. down payment, credit score and d8income determine the rate youl pay. >> borrowers that are getting the best rate are putting 20% to 25% down. they have income that is documentable. so they're providing w-2s and federal tax returns. and they have an excellent r...
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Jun 18, 2013
06/13
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economic crisis has shown us is that we need to be able to connect and communicate with other emerging economies. this type of english-only thinking is what's going to keep our country backwards. it is a plus to be bilingual. i'm bilingual. my mother came to this country and she didn't speak english when she got here. she was able to become legalized, learn english and become a citizen. and now she's a business owner. i wouldn't be sitting here today if my mother hasn't been given the opportunity. and we're just asking for the same opportunity for everybody else. >> all right, kathy bird, thank you so much for joining us this morning. >> thank you so much, carol. >> you're welcome. >>> up next in the "newsroom" -- >> i have to believe that you were sent here for a reason. you owe it to yourself to find out what that reason is. >> the man of steel, souperman,a jesus figure? we'll talk about that next. [ female announcer ] last day, deb. checking out of the hilton shouldn't be a pity party. your next trip is calling. saying, "deb, find a view for two at a conrad." or "make room for more at an emba
economic crisis has shown us is that we need to be able to connect and communicate with other emerging economies. this type of english-only thinking is what's going to keep our country backwards. it is a plus to be bilingual. i'm bilingual. my mother came to this country and she didn't speak english when she got here. she was able to become legalized, learn english and become a citizen. and now she's a business owner. i wouldn't be sitting here today if my mother hasn't been given the...
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Jun 16, 2013
06/13
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it is about economy. that's the political argument he was making. when you put it in context, you see that that's what it's all about. he is framing the immigration debate in an economic perspective. >> i'll tell you how it is going to change things, don. i'm from texas which we all know has gone republican for i think since lbj. jeb bush is actually the won who said that the changing make-up of this country, that we are becoming a browner country, texas has actually become a blue state he said if republicans didn't get their immigration reform act together. that's how it is changing this country. we are seeing swing states in play that used to not be in play because of the number of immigrants coming to this country. so it is changing our country. the fastest growing group is multi-racial americans. i am hoping one day we'll all be so mixed up a lot of this nonsense we are always arguing about in terms of race is kind of a moot point. >> anna -- >> don, just one last point. for all the people watching the three of us on tv right now, we just got on
it is about economy. that's the political argument he was making. when you put it in context, you see that that's what it's all about. he is framing the immigration debate in an economic perspective. >> i'll tell you how it is going to change things, don. i'm from texas which we all know has gone republican for i think since lbj. jeb bush is actually the won who said that the changing make-up of this country, that we are becoming a browner country, texas has actually become a blue state...
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Jun 19, 2013
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when does the economy fgo back o normal? >> if the fed's right the economy should start going back to normal within the next year, year and a half. one of the most interesting things we saw in this statement are the expectations for unemployment. the fed announced a while back that it would like to see unemployment go down to 6.5% which is a full percentage point below where it is now before they really start pulling back the big guns. and this time around, they're expecting that to happen as soon as the end of 2014 or maybe early '15. that's sooner than the last time they made an announcement. so they are sort of whispering that america is coming back. that the economy is starting to come back. you might not feel it yet, but you should in the next year. >> i think so many people are ready for more than whisper. we are trying to be patient. christine romans and rana, thank you both so much. >>> coming up, a chilling case that has one community in shock. and a family torn apart. a 5-year-old girl, 5, found dead. police say he
when does the economy fgo back o normal? >> if the fed's right the economy should start going back to normal within the next year, year and a half. one of the most interesting things we saw in this statement are the expectations for unemployment. the fed announced a while back that it would like to see unemployment go down to 6.5% which is a full percentage point below where it is now before they really start pulling back the big guns. and this time around, they're expecting that to...
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Jun 15, 2013
06/13
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there was a little in occupy movement and they went away and went right back on their i-phones when the economy picked up again. here is a young man who is, you know, doing an act of civil disobedience and is fully expecting to take the confidence kwe kwenss no different than dr. martin luther king did. >> what is the difference do you think in the world, i'll ask tom and then go to wendy, in the world he lived in and grew up in. she mentioned dr. martin luther king. what is the difference now for someone who is a millennial to think it is okay to give away these government secrets and for this intelligence? is it something that he doesn't know about the world or something that he does know about the world because of the information age we live in? >> my opinion what i've heard him say publicly makes me think he is politically about as ignorant as anybody i've ever heard and naive. >> you think he is naive. >> extremely naive. so to think that he should save the world himself by giving up confidential information or breaking the law, you know, we have 800 thousand plus people in this country wi
there was a little in occupy movement and they went away and went right back on their i-phones when the economy picked up again. here is a young man who is, you know, doing an act of civil disobedience and is fully expecting to take the confidence kwe kwenss no different than dr. martin luther king did. >> what is the difference do you think in the world, i'll ask tom and then go to wendy, in the world he lived in and grew up in. she mentioned dr. martin luther king. what is the...
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Jun 20, 2013
06/13
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the economy has been just full every month. $85 billion a month the fed has been pumping into the economy. the fed chief yesterday said, you know, eventually things will be good enough in the job market, et cetera, they'll be able to pull that back, and just that consideration have really spooked global markets. i want to give you a snapshot of how everything around the world is moving. you can see gold prices tumbling here today at a two and a half year low, down to 5%. oil prices are falling below $96 a barrel. the ten-year yield, interest rates are rising right now, and the overseas markets, down 1 to 3%. all but about 100 stocks are lower in the u.s. it has been a widespread reaction basically until the markets get used to the fact that the fed won't be in there forever. there are also jobless claims showing a little higher, showing not as much strength in the jobs market as you would like. that spooked people a little bit. nervous investors. also, this, carol, is the end of the quarter. it's coming up here on the end of the first half of the year, so you've got fund managers saying,
the economy has been just full every month. $85 billion a month the fed has been pumping into the economy. the fed chief yesterday said, you know, eventually things will be good enough in the job market, et cetera, they'll be able to pull that back, and just that consideration have really spooked global markets. i want to give you a snapshot of how everything around the world is moving. you can see gold prices tumbling here today at a two and a half year low, down to 5%. oil prices are falling...
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Jun 19, 2013
06/13
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still very much struggling with its economy. it's so much tied to the united states. why not talk about that? >> well, it's hard to imagine it's not going to be at a least implicit in his speech. but one of the things that people may not know about president obama is that when he was here in the capital, when he was senator obama, that issue, the nuclear issue, was something on the top of his priority list. in fact, when he was campaigning in 2008 and making the point when he got to the general election that he could work across the aisle with republicans. one of the examples he could give is working with former indiana republican on the nuclear issue. that they even traveled together on it. this is actually something, he wasn't here very long as a senator. he didn't even finish his first term, but this is something when he was here briefly he did focus on. the other quick thing i want to point out, gloria talking about the big crowd of 2008 and the much smaller crowd here now that he's president. remember, in 2008, the mccain c
still very much struggling with its economy. it's so much tied to the united states. why not talk about that? >> well, it's hard to imagine it's not going to be at a least implicit in his speech. but one of the things that people may not know about president obama is that when he was here in the capital, when he was senator obama, that issue, the nuclear issue, was something on the top of his priority list. in fact, when he was campaigning in 2008 and making the point when he got to the...